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geowizard
15:17:10 Tue
Oct 15 2013

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Gold is down and Iron is up!

Here's the latest Iron ore news:


http://www.mining.com/mining-majors-rerate-as-china-iron-ore-price-defy-gloom-39618/?utm_source=digest-en-mining-131014&utm_medium=email&utm_campaign=digest

Iron ore is paying $133.60 per Tonne. (Metric tonne)

kaveman,

That is nice gold in your LeTrap! Look at that Iron! :smile:

Like everyone, I have been frustrated at all the iron/blacksands and separating the black sand from the gold. It is pain staking and tedious work!

In fact, I have been frustrated by the HUGE geophysical anomalies in Alaska that are IRON and not GOLD!

Japan is the second largest importer of Iron on the planet and is a stones throw from Alaska.

So,Geowizard, lemmee get this straight... Alaska has HUGE Iron deposits and is a stones throw from the market? :confused:

- Geowizard

PS

Look at the production graph on the link above;

Check out FMG, an Australian miner that went from ZERO to the fourth largest Iron ore producer on the planet!

All from Magnetite, mHematite, Hematite and Hematite -goethite.


[1 edits; Last edit by geowizard at 15:22:35 Tue Oct 15 2013]

  

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